RugRoast on Rug Radio EP: 20 episode artwork

EPISODE · Aug 26, 2023 · 51 MIN

RugRoast on Rug Radio EP: 20

from RugRoast on Rug Radio

Memepotz joins to discuss their project, which aims to bring Web3 closer to real world operations. He provides an example of a cannabis farm, where each cannabis plant is represented by an NFT. The project plans to integrate a proof of growth feature, where token holders have access to a 24/7 live stream of CCTV footage from the farm. This allows holders to monitor the growth of their plant and witness the proof of growth in real time. However, it is important to note that the project will not be involved in the shipping or distribution of the harvested cannabis, as this would raise regulatory issues. Instead, the project plans to provide unique rewards to the holders based on the harvest, without introducing a new token. The reward system will include a planned staking mechanism. Hosted on Acast. See acast.com/privacy for more information.

Episode metadata supplied by the publisher feed · Published Aug 26, 2023

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RugRoast on Rug Radio EP: 20

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